Riyadh - Sharikat Mubasher: Biban Forum 2025, organized by the Small and Medium Enterprises General Authority (Monsha’at), won the ‘Best SME Ecosystem Development Initiative’ award at the Global Business Outlook Awards 2026, reinforcing its position as one of the prominent Saudi initiatives that foster SMEs.

In a statement released yesterday, the authority affirmed that Biban Forum is one of the leading events in the entrepreneurship sector, aimed at empowering entrepreneurs and SME owners locally and globally.

Monsha’at highlighted that Biban 2025 achieved significant milestones, including agreements and launches exceeding SAR 38 billion, the participation of over 1,021 startups from 66 countries, and the attendance of more than 100,000 visitors.

The Global Business Outlook Awards recognize and reward excellence in businesses worldwide. It is designed to facilitate the outstanding work of businesses and business leaders across industries, focusing on businesses of all sizes, in both broad and niche sectors.